Funding you earn now, next payment 09:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.048%
Price spread now: MEXC against Injective−9.387%100s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 9.387% cheaper against Injective than usual: you would sell low and buy high (−$939 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GLD/USDC PERP | 435.18 | 0.0220 | pay 0.0028% / 1h | 29m 39s | $3K | $91 | 52x |
| Short | MEXC GLD_USDT | 394.33 | 0.0092 | get 0.0092% / 8h | 7h 29m | $104K | $99K | 20x |
Injective GLD/USDC PERP
MEXC GLD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$26.88
- Price spread: −9.387% → 0.000%
- −$938.69
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$965.59
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 40 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 40 min ago | 8.10 bp | 786.3 bp −$786 | 1130.7 bp −$11.3K | 1216.0 bp −$121.6K | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
GLD on 5 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GLD_USDT | 0.0000% | 8h | 395.90 | −9.026% | $57K | $5K | 20x | as long as short |
| Arcus GLD-USD | +0.0040% | 1h | 394.49 | −9.350% | $296K | $502K | 25x | as long as short |
| Vest GLD-USD-PERP | +0.0046% | 1h | 394.12 | −9.435% | — | — | 25x | as long as short |
| MEXC GLD_USDTshort | +0.0092% | 8h | 394.33 | −9.387% | $104K | $99K | 20x | |
| Injective GLD/USDC PERPlong | +0.0220% | 1h | 435.18 | long leg | $3K | $91 | 52x |
Gate GLD_USDT
Arcus GLD-USD
Vest GLD-USD-PERP